Latest News
Markets Navigate Geopolitics and Earnings as Tech Defies Broader Weakness
Indian markets declined sharply as HCL Technologies led an IT sector sell-off, while U.S. technology stocks showed resilience despite geopolitical tensions. Key earnings reports from Nasdaq and East West Bancorp are in focus.
XRP Holds $1.42 Amid Diverging Crypto Fund Flows
XRP traded around $1.42, down 1%, with a market value of approximately $87 billion. Investment products saw $56 million in outflows last week, contrasting with substantial inflows into Bitcoin and Ether.
Bitcoin Retreats Below $75K as Fed Uncertainty, Geopolitics Weigh
Bitcoin declined 1.7% to $74,985, retreating from a push toward $77,000 amid reassessments of U.S. monetary policy and geopolitical risks. The cryptocurrency faced headwinds despite substantial inflows into spot Bitcoin ETFs and a major corporate purchase by Strategy.
Amazon's GLP-1 Launch Pressures Hims & Hers, Telehealth Rivals
Shares of Hims & Hers Health dropped Tuesday after Amazon launched a GLP-1 weight-management program, heightening competition in the telehealth sector. The company is pivoting from compounded drugs to FDA-approved branded medications.
SoFi Shares Dip Ahead of Q1 Report as Investors Await $1 Billion Revenue Test
SoFi Technologies shares fell Tuesday as the market positioned for next week's first-quarter earnings report. The fintech must demonstrate it can sustain momentum after achieving $1 billion in quarterly revenue last year.
Nokia's Q1 Report to Showcase AI Strategy Amid Market Challenges
Nokia is set to release its first-quarter results, with analysts forecasting an adjusted operating profit of €253 million. The report will debut a new financial structure and highlight the company's recent AI infrastructure partnerships.
Opendoor Shares Surge on Strong Housing Data Ahead of Q1 Report
Opendoor Technologies shares advanced significantly Tuesday, buoyed by better-than-expected U.S. pending home sales data. Traders are now looking ahead to the company's first-quarter financial results scheduled for release next month.
Ondas Secures $10M Israeli Demining Contract, Defense Backlog Nears $80M
Ondas Holdings announced its 4M Defense subsidiary received a $10 million initial order for a demining project tied to Israel's border security barrier. The company's two active demining programs are now valued at roughly $80 million.
Plug Power Faces Investor Lawsuit Proceeding Amid Louisiana Plant Showcase
A Delaware federal judge ruled that investors can advance claims against Plug Power regarding its hydrogen production targets and revenue forecasts. The decision coincided with a company-hosted tour of its key Louisiana plant, with shares declining roughly 5%.
Intel Q1 Earnings: AI Chip Supply Crunch Tests Turnaround Strategy
Intel faces its Q1 earnings report Thursday, with investors scrutinizing whether the chipmaker can meet surging AI server processor demand. Despite expected data center growth, overall revenue and earnings are projected to decline sharply.
Stocks Retreat as Oil Surge, Fed Jitters Undercut Rally
Major U.S. equity indices turned lower Tuesday afternoon, surrendering morning advances as climbing crude prices and bond yields introduced fresh uncertainty. The S&P 500 declined 0.32% to 7,086.48.